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Chart Of The Day: GBP/USD

Discussion in 'Technical Analysis' started by ActionForex.com, Aug 27, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Price action on GBP/USD, a daily chart of which is shown, has broken down below the neckline of a rough head & shoulders pattern. This occurs after price previously broke down below a key uptrend support line extending from the March low. The right shoulder of the current head &...

    complete article here...

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